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Rannock
NSW, 2701 - Coolamon

Thinking about buying in Rannock? Now could not be a better time, with just 86 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,828,000 with prices in this suburb ranging from $564,000 to $3,815,000. The aproximate distance to the coast is 281 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Rannock Real Estate Market Outlook

In Rannock there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rannock is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Rannock provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Rannock we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rannock a better buying opportunity than it may have been in the past.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Rannock there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Rannock weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.317.334.521.172.74.527.2
Feb2.016.931.828.677.14.423.7
Mar2.313.728.132.783.24.119.2
Apr1.28.823.339.890.73.115
May14.618.248.095.32.912.2
Jun1.42.514.560.797.72.89.3
Jul1.21.613.759.397.92.99.7
Aug1.21.31552.898.23.212.3
Sept1.53.619.542.794.93.617.2
Oct1.47.624.333.188.33.721.7
Nov1.611.528.127.2854.125
Dec1.314.431.522.076.44.428.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

01-02-2023 $1,053,362 313 ALLENS LANE
16-07-2020 $48,000 2245 RANNOCK RD
25-06-2020 $496,010 344 MENZIES LANE
02-12-2019 $2,690,000 2718 RANNOCK RD
04-11-2019 $132,000 1 GRINTERS LANE
08-08-2017 $2,355,000 523 SPRINGWOOD RD
14-10-2016 $110,000 2231 RANNOCK RD
05-10-2016 $686,400 231 OLD WAGGA SOUTH RD
03-08-2016 $787,500 531 HIGMANS LANE
12-02-2016 $844,800 200 BLAIRS LANE
05-02-2016 $1,400,000 402 ARIAH RD
29-01-2016 $304,000 313 ALLENS LANE
16-09-2013 $1,094,376 453 ALLENS LANE
16-09-2013 $849,600 720 EAST WEST RD
30-11-2011 $130,000 2250 RANNOCK RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Berry JerryBectricMimosaMethulTaraMurrulebaleCoolamonSebastopolMarrarErin Vale


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